Senator McCain is Having Trouble Selling his Phoenix Mansion : The Real Estate Bloggers

Senator McCain is Having Trouble Selling his Phoenix Mansion

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MccainPolitics must pay very well. I know that Senator McCain’s father was an Admiral in the Navy, but I did not know that they came from such money that they could afford and maintain a 11,000 square foot house, plus afford to live in Washington DC.

Sen. John McCain, R-Ariz., tests the declining real estate market as he tries to sell his recently price-reduced $3.75 million Phoenix mansion.
      The 11,000 square foot estate, with its nine bedrooms and eight bathrooms — and eight surveillance cameras — has been on the market for three months.
      Only six prospective buyers have checked it out, the Arizona Republic says. That led to a half-million-dollar price cut. via The Washington Times

Update: The home was from his wife’s side of the family.

The 11,000-square-foot residence, near Glendale and Central avenues, is being listed for $4.25 million. Cindy, the daughter of Valley liquor-distribution magnate Jim Hensley, grew up in the mansion. The home has since been expanded and renovated. The gated estate sits on 2 acres. It has a large guesthouse, nine bedrooms, eight bathrooms and plenty of security cameras. via the Arizona Republic

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